What a Miserable Banking System!
The banking sector collapsed following the coup in February 2021 in Myanmar with experiencing cash shortage, the Central bank’s difficulties in disbursing enough funds to private banks to cover the account holders’ daily needs, and running out of cash in ATMs as people wanted to withdraw their savings, and new requirements about withdrawals. Two stories by different authors about their experiences with the disrupted banking system were received under the “Living the Coup” Special initiative project and are presented below together since they complement each other.
